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Invoice format in case of non applicabilityof S tax

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..... Invoice format in case of non applicabilityof S tax
Query (Issue) Started By: - vinod samant Dated:- 26-9-2011 Last Reply Date:- 28-9-2011 Service Tax
Got 4 Replies
Service Tax
I am a small service provider, providing financial consultation service. I have started my consultancy in this previous year and have not yet crossed the thresh hold limit for registration under S.Tax. I woul .....

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..... d like to know what form of invoice should i isuue to my clients and would be obliged if any one could upload a proforma invoice for my guidance. thank you. Regards, Vinod Samant Reply By Pradeep Khatri: The Reply: Since no format of the Invoice has been prescribed in the Service Tax Laws. But all the ingredients of an invoice should be incorporated viz: - Bill No. Date, Name of Party with Se .....

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..... rvice Tax No. STC No., Nature of service being provided, Value , Rate of Tax, Amount of Tax, Ed. Cess, SHE Cess, Total invoice Value etc. Reply By vinod samant: The Reply: Dear Mr. Khatri, Do I have to charge S.tax in the bill even though I have not crossed the threshhold limit? Reply By Pradeep Khatri: The Reply: Dear Vinod, No need to charge the Service Tax till you crossed the threshold l .....

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..... imit. On reaching the threshold limit of Rs. 900000/- you will have to get yourself resigtered with Service Tax Department and you will have to file Nil return. On reaching the threshold limit of Rs. 1000000/- you will have to charge service tax on your bills/invioces/challans (as the case may be). Thanks & Best Regards, Pradeep Khatri Reply By vinod samant: The Reply: Dear Mr. Khatri, Thank .....

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..... you for the explanation. It was of great help. Regards, Vinod Samant
Discussion Forum - Knowledge Sharing .....

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